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Jan 18, 2013
01/13
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CSPAN2
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tax base. without taxes best of services. you may hate taxes, you may never want to pay taxes, but the bottom it is for governments in the united states, for local and state governments without tax revenue, you cease to fight essential services, right? develop the tools to give them how to look at the resiliency of the tax base and their exposures. understand after disaster is much easier to make big financial changes. but in small incremental changes, how do you look at decisions you're making to say that if something happened, our tax base is resilient enough we can survive. or we are so exposed to this that if it happens, we need to understand what those consequences mean. and so the issue about rebuilding affordable housing, maybe is not a good idea to rebuild it with their most affordable at. but you can't zone and out of your community. this is one of the things we've seen is what i call the benign neglect, where local officials have areas of poverty and in the disaster they say that's pr
tax base. without taxes best of services. you may hate taxes, you may never want to pay taxes, but the bottom it is for governments in the united states, for local and state governments without tax revenue, you cease to fight essential services, right? develop the tools to give them how to look at the resiliency of the tax base and their exposures. understand after disaster is much easier to make big financial changes. but in small incremental changes, how do you look at decisions you're making...
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Jan 16, 2013
01/13
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CSPAN2
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eye 73
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we already took a step in that direction in the tax reform bill that we pass the tax bill, the so-called p's provision. we have to look at it better. there's a proposal, and where's the budget? well, the president had in budget proposals a 28% limit on deductions itemized deductions, and i think we need to look at that, but carefully, charitable contributions, for example, mortgage interests, state and local taxes so that's a major area and the president proposed essentially $600 or $700 billion in ten years from that areament i don't think we can now obtain that much even if we adopt the president's 28% limit, but -- >> host: why not? >> guest: why not? because i think we have to look at the impact on charitable contributions. most -- half of the charitable contributions in the country, a lot of us, most contribute something, but a lot comes from the very wealthy. i think we need to be careful we don't come too -- come down too hard -- >> host: we need more coffee. >> guest: we have to look at that, and, also, let me mention interest. most viewers probably don't know what carrieded inte
we already took a step in that direction in the tax reform bill that we pass the tax bill, the so-called p's provision. we have to look at it better. there's a proposal, and where's the budget? well, the president had in budget proposals a 28% limit on deductions itemized deductions, and i think we need to look at that, but carefully, charitable contributions, for example, mortgage interests, state and local taxes so that's a major area and the president proposed essentially $600 or $700...
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Jan 16, 2013
01/13
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KQED
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they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around the log jam. but i have to tell you the ideology of the republicans is different than the democrats. they don't mind the inequality. or they believe by giving more money to the most well off that it will trickle down and everyone will get better off. yes, america is facing not a problem but a crisis of governing. if we can't overcome it, then we had deteriorate and no longer be a world leader. >> reporter: it's that serious? and just one question. you reported you had prostate cancer. >> yes. reporter: how are you doing? i'm doing well. ask me in 20 years. >> repor
they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around...
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Jan 16, 2013
01/13
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KRCB
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we did raise a tax on all citizens called the sales tax, a quarter of a cent. and we raised the tax on individuals who make more than $250,000 or couples who make more than $500,000. so that's what we did. there's no doubt america is overcommitted. wee orcommitted abroad with our several hundred drid military installations. we're overcommitted in our borrowing 40 cents for every dollar. >> reporter: answer me a question about the ideology and the gridlock between republican and democrats? it seems to be parallel to what's going on in the united states' congress at the same time. >> well, in california through the initiative process, the republicans refused to give me even a two-vote in each of the houses to put my tax. not into effect but before the people or judgment had a statewide election. they wouldn't do it. so i had to go to the people directly through the california initiative. they voted by 55%, saying, yes, raise these taxes and help our schools and help our universities. so that was the way to break the log jam. >> reporter: are you saying that's the
we did raise a tax on all citizens called the sales tax, a quarter of a cent. and we raised the tax on individuals who make more than $250,000 or couples who make more than $500,000. so that's what we did. there's no doubt america is overcommitted. wee orcommitted abroad with our several hundred drid military installations. we're overcommitted in our borrowing 40 cents for every dollar. >> reporter: answer me a question about the ideology and the gridlock between republican and democrats?...
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Jan 14, 2013
01/13
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CSPAN2
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tax that is collected? thank you. >> guest: i do not. there is a small portion that still remains over the treasury department, but we believe that the money goes to treasury. atf is still very small, very small portion of the work is involved. >> some stats from the website on fiscal 2011 numbers. they recommended defendant's for prosecution in alcohol and tobacco cases about 213 recommended for prosecution. they seized approximately 42 million in the criminal contraband and alcohol and tobacco products moving across states. let's go back to the phone. mike in houston texas on the independent line. good morning, mike. >> caller: good morning. i had the fortune of mary in a very wise woman so in a way i am the luckiest man in the world, but my wife pointed out no one had a concealed or carried permit has committed a rampage shooting so wouldn't more conceal and carry permits held this problem that we are trying to solve? especially when. no woman has done a mass shooting that i am aware of. >> host: we're t
tax that is collected? thank you. >> guest: i do not. there is a small portion that still remains over the treasury department, but we believe that the money goes to treasury. atf is still very small, very small portion of the work is involved. >> some stats from the website on fiscal 2011 numbers. they recommended defendant's for prosecution in alcohol and tobacco cases about 213 recommended for prosecution. they seized approximately 42 million in the criminal contraband and...
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Jan 20, 2013
01/13
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CSPAN2
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dollars went to an increased property taxes in a state for the roadwork now 10 times over. so what i say in the book is if you have any elevated expressways crumbling, once they start to crumble, it makes sense to tear them down. if they're not crumbling that, maybe you shouldn't bother except look at the possible tax revenues to make a for it if you do it right away. it's a hard sell. there's a number of counterintuitive realities about how people behave, especially surrounding cars. almost entirely surrounding cars, that make it hard to do thing. probably the biggest surprise for me the book was the city saphenous congestion have the least pollution. do i have to say it again? besetting traffic and see the air wavering from the exhaust of all these cars sensei can the planet survived this? this is horrible. you see ads in a site when in my book, were engineering company safe with the highways, think about all the pollution we could start because of the congestion that they are. city city after city, direct inverse proportion between traffic congestion and pollution becaus
dollars went to an increased property taxes in a state for the roadwork now 10 times over. so what i say in the book is if you have any elevated expressways crumbling, once they start to crumble, it makes sense to tear them down. if they're not crumbling that, maybe you shouldn't bother except look at the possible tax revenues to make a for it if you do it right away. it's a hard sell. there's a number of counterintuitive realities about how people behave, especially surrounding cars. almost...
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Jan 16, 2013
01/13
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CSPAN2
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let me ask you about tax reform. you told politico last week that a, quote, a balanced approach to replacing the sequester with spending cuts and revenue should accelerate tax reform, and i believe it's fully possible this year if we work on a bipartisan basis, unquote. how does that square, sir, with the people who say that tax reform is going to lose out because of scheduling, the need to deal with the debt ceiling, the need to deal with the looming she quester and the house republicans' concern that if they do anything on tax reform, that they may leave themselves up to the senate not to take action, and, therefore, they've taken an unpopular vote for no reason. why are you optimistic on tax reform? >> first of all, we have to resolve this debt can crisis in terms of -- this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i think cannot basically be moved for
let me ask you about tax reform. you told politico last week that a, quote, a balanced approach to replacing the sequester with spending cuts and revenue should accelerate tax reform, and i believe it's fully possible this year if we work on a bipartisan basis, unquote. how does that square, sir, with the people who say that tax reform is going to lose out because of scheduling, the need to deal with the debt ceiling, the need to deal with the looming she quester and the house republicans'...
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Jan 13, 2013
01/13
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CSPAN2
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twain likened the jets of hot white steam emitted from fishers in the earth to a steamboats estate tax. they made a boiling, surging noise exactly as a steamboat it. he enjoyed racing eggs in his handkerchief and dipping them in this brings with it with soft boil in two minutes or hard boiled and four, depending upon his mood. sawyer loves the hot mist. the fresh bottles of dark beer were cold. in his 32 years, sawyer had been a torch boy. in new york fire and engine company number 14, and in san francisco had run and battle fire for broaddrick one under chief broader, the city's first volunteer fire company and first fire chief. solar serve with other engine houses and toiled as a steamboat engineer flying the mexican sea trade. twain, who held strong opinions, worked up when sawyer mentioned he had worked as a steamboat -- steamboat engineer. the journalist caution any bold boy who dreamed of shipping as a steamer fireman, such a job he said knowingly, has little drawbacks. the boarding steam room he pointed out the suffocating temperature of the furnace room where the engineers stan
twain likened the jets of hot white steam emitted from fishers in the earth to a steamboats estate tax. they made a boiling, surging noise exactly as a steamboat it. he enjoyed racing eggs in his handkerchief and dipping them in this brings with it with soft boil in two minutes or hard boiled and four, depending upon his mood. sawyer loves the hot mist. the fresh bottles of dark beer were cold. in his 32 years, sawyer had been a torch boy. in new york fire and engine company number 14, and in...
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Jan 18, 2013
01/13
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CSPAN2
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eye 69
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on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to support her education initiatives, my budget will propose that we increase income tax by one percentage point, 6.25% to make that increase fair to all according to their ability to pay will propose that we double the personal exemptions for every taxpayer and eliminate a number of itemized deductions. making those changes gives us a tax code that is sent. fair. let me add that these changes are sales income and business tax will be comparable to an competitive with other states in the region and beyond with which we compete. this is what i will prop
on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to...
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Jan 15, 2013
01/13
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FOXNEWSW
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why would we spend tax dollars on a one-man star ship. reason magazine says this could mark the end of -- >> i think a lot of things end political discourse. the whole petition thing was silly. everyone knew people would use it to create stupid petitions and have the white house respond. all fans should get the infomercial guy with the question marks to be the next secretary of the treasury. get him in the treasury department. get him in there. >> it is a great idea. you act like you have never heard a great idea on red eye of the. >> that's not true. this place is full of good ideas. >> obama promised to answer any petition that gets 2ive foo,000 signatures. do you think huey is regretting that pledge? >> or somebody does it for him. >> doesn't he do his own tweets? >> it could be possible other people help. i know it is shocking. >> keith, if this death star thing ran on clean energy instead of coal or whatever the death star runs on, do you think it might have gotten more support from the white house? >> that's a great idea. >> name an
why would we spend tax dollars on a one-man star ship. reason magazine says this could mark the end of -- >> i think a lot of things end political discourse. the whole petition thing was silly. everyone knew people would use it to create stupid petitions and have the white house respond. all fans should get the infomercial guy with the question marks to be the next secretary of the treasury. get him in the treasury department. get him in there. >> it is a great idea. you act like...
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Jan 14, 2013
01/13
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CSPAN2
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eye 155
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the comment attributed to him was we shall tax and tax, spend and spend and elect any left. whether true or not, of course he denied it come is stuck with him the rest of his slaves and became a rallying cry for those who heeded this about in new deal. and if that wasn't enough, if cameron 1839, when moore broke in europe, harry found himself back at the mayo clinic and the doctors had ruled out a recurrence of cancer, but they couldn't figure out why he was unable to solar nature since. said they came up with a dog's breakfast of intravenous feeding, the transfusions, injections of liver extract, a combination which he had mr. t. had off and on for the rest of his life and sometimes it works and sometimes it didn't. but for the rest of his life, he was unable to gain weight. his digestive system alluded to the.is to figure out. his digestive system is a mess. sometimes the verge of starvation. so spring 1940, before he moved into the white house, he was at his house in georgetown on industry, a rented house with his daughter, diana. he was still recovering. and the presiden
the comment attributed to him was we shall tax and tax, spend and spend and elect any left. whether true or not, of course he denied it come is stuck with him the rest of his slaves and became a rallying cry for those who heeded this about in new deal. and if that wasn't enough, if cameron 1839, when moore broke in europe, harry found himself back at the mayo clinic and the doctors had ruled out a recurrence of cancer, but they couldn't figure out why he was unable to solar nature since. said...
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Jan 17, 2013
01/13
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CSPAN2
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eye 85
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tax also their more efficient and create more revenue. so you direct the committees to do tax reform. much more complicated issue. but clearly there is a pathway to get this done. that needs to be done. i believe we have an opportunity to do it if the republicans take the right posture in this round. thank you very much. [applause] >> well, we've just heard the answer. so we can all leave here feeling very good. i recommend you immediately call your broker and invest any fund you have in cash into the market, and tell them judd gregg century. look, i think judd is really largely right about this in terms of our overall economic condition, but we do face this extraordinary challenge in the near term. before i get into that let me first thank leading authority for organizing this. mark french, matt jones, thank you. i have so enjoyed joining your team. and to be on team with judd gregg. that is something that delights me. let me just say in the united states senate, judd and i were chairmen and ranking member of the budget committee. sixers
tax also their more efficient and create more revenue. so you direct the committees to do tax reform. much more complicated issue. but clearly there is a pathway to get this done. that needs to be done. i believe we have an opportunity to do it if the republicans take the right posture in this round. thank you very much. [applause] >> well, we've just heard the answer. so we can all leave here feeling very good. i recommend you immediately call your broker and invest any fund you have in...
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Jan 18, 2013
01/13
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CSPAN2
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eye 116
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on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other purpose. to support our education initiative, my budget will propose that we increase the income tax by 1 percentage point to 6 % 25% to make that increase fair to all according to their ability to pay. i will propose that we double the personal exemptions for every taxpayer, and eliminate a number of itemized dedeductions. making those changes gives us a tax code that is simpler and fairer. let me add that with these changes are sales, income, and business taxes will be comparable to and other states in the region beyond with which we compete. th
on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other...
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Jan 15, 2013
01/13
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CSPAN2
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eye 124
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the carbon tax. the carbon tax is a broad-based tax that does not in fact have to have a big impact on consumers. it could be placed on electric utilities, something they avoid by moving to clean energy so they don't have to pay it. but if we had the carbon tax it would help close the deficit and would be a stimulus the utilities to move to clean argue. that's the second idea. the third, many states now are following the lead of connecticut, the first state to have the state green bank that couples with the private sector in finances for solar or electric utility grid rebuilds or energy efficiency members. let's have the federal government loan money to state green banks at the extraordinarily low rate. these are a handful of different ways to provide the financing support and the tax policy support for massive private investment. >> host: are we going achieve some of the goals in the politics of abundance, what the role of the sec. the sec can take the lead on a handful of topics and should provide
the carbon tax. the carbon tax is a broad-based tax that does not in fact have to have a big impact on consumers. it could be placed on electric utilities, something they avoid by moving to clean energy so they don't have to pay it. but if we had the carbon tax it would help close the deficit and would be a stimulus the utilities to move to clean argue. that's the second idea. the third, many states now are following the lead of connecticut, the first state to have the state green bank that...
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Jan 14, 2013
01/13
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CSPAN2
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eye 109
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and tax, spend and spend. whether true or not of course he denied it. it stuck with him for the rest of his life, and it became a rallying cry for those who hated the roosevelt and the new deal. and if that wasn't enough, in september 1939 when the war broke out in europe, harry found himself back at the mayo clinic. and the doctors had ruled out recovering cancer but they couldn't figure out why he was unable to absorb nutrients. so they came up with intravenous feedings, blood transfusions, injection of liver extract, a combination which he had administered to him off and on for the rest of his life. and sometimes it worked and sometimes it didn't. but for the rest of his life, he was unable to gain weight. his digestive system, i'll leave it to the doctors to figure it out, his digestive system was a mess. sometimes he was on the verge of starvation. so in the spring of 1940, before he moved into the white house, just before, he was at his little house in georgetown on industry, and -- in street, a rented h
and tax, spend and spend. whether true or not of course he denied it. it stuck with him for the rest of his life, and it became a rallying cry for those who hated the roosevelt and the new deal. and if that wasn't enough, in september 1939 when the war broke out in europe, harry found himself back at the mayo clinic. and the doctors had ruled out recovering cancer but they couldn't figure out why he was unable to absorb nutrients. so they came up with intravenous feedings, blood transfusions,...
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Jan 17, 2013
01/13
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CSPAN2
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eye 88
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this is a big tax cut. so i say to you in terms of what has to happen next, i think it's going to require the revenue side of the equation and the spending side of equation to be addressed. let me just conclude by saying this. how do we get out of this in the current circumstance? the president said he's not going to negotiate on the debt limit. republicans say they will not vote for an extension of the debt limit unless they get substantial additional cuts in spending. i think judd is absolutely right. we have another dynamic at work here, and that is the sequestered. $1.2 trillion of across the board spending cuts, having defense, half in nondefense. republicans don't like it, democrats don't like it. that creates an opportunity. there's also the question of how long do you extend the debt limit. i think it would be incredibly foolish to renege on the debt of the united states. it would be enormous consequences. that is a losing proposition for everyone. but how long we extend the debt limit, that is open
this is a big tax cut. so i say to you in terms of what has to happen next, i think it's going to require the revenue side of the equation and the spending side of equation to be addressed. let me just conclude by saying this. how do we get out of this in the current circumstance? the president said he's not going to negotiate on the debt limit. republicans say they will not vote for an extension of the debt limit unless they get substantial additional cuts in spending. i think judd is...
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Jan 13, 2013
01/13
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that's about 6 billion in tax breaks, and about 6 billion in direct expenditures. we are pursuing a vision of green jobs that makes no sense and that hurts low income americans. we brainwash our children to think that green is good, and think uncritically about green product and green jobs. and yet we can't even define what a green job is. let's start with green jobs. the bureau of labor statistics has five definitions of the three-point 1 million green jobs that it has counted. namely energy from renewable sources, energy efficiency, energy pollution reduction and removal, natural resource conservation, and environmental compliance, education, and training, and public awareness. when i was testifying on capitol hill before the house energy and commerce committee, they had a paper cup in front of me. often they just have a bottle of water, but this time they had a bottle of water and a paper cup. and a paper cup said -- power to save energy on the other side. so since this cup fit the definition of education, training and public awareness, the workers who made it h
that's about 6 billion in tax breaks, and about 6 billion in direct expenditures. we are pursuing a vision of green jobs that makes no sense and that hurts low income americans. we brainwash our children to think that green is good, and think uncritically about green product and green jobs. and yet we can't even define what a green job is. let's start with green jobs. the bureau of labor statistics has five definitions of the three-point 1 million green jobs that it has counted. namely energy...
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Jan 13, 2013
01/13
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KPIX
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it was created before fourth quarter tax returns came in. it makes a lot of assumptions that may or may not pan out. as we know, every year we get a budget and then it is sometimes billions off of mark later when all the numbers come in. >> one thing i wanted to ask you is that it's happy now and as melissa points out we still have these other financial assumptions but have you seen any change fundamentally in how california spends its money? is it still sustainable or are we still overreaching? >> no. totally sustainable. and believe me, there clearly needs to be some additional money spent in k through 12. you really do need to do something about the gap that's being created between the end product of a kid in public school in california and in other states and one time we were in the top 10. we are now in the lower 40s and that's not good. so they are going to have to do something about that and with these resources they can. >> but with these resources comes the governor's idea of taking some of the money, a good portion of the money and
it was created before fourth quarter tax returns came in. it makes a lot of assumptions that may or may not pan out. as we know, every year we get a budget and then it is sometimes billions off of mark later when all the numbers come in. >> one thing i wanted to ask you is that it's happy now and as melissa points out we still have these other financial assumptions but have you seen any change fundamentally in how california spends its money? is it still sustainable or are we still...
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Jan 14, 2013
01/13
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KNTV
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eye 111
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yeah, the payroll tax really matters but, in fact, if you look at how much the average homeowner who has been able to refinance and that's more and more of them, have saved, it dwarfs what the increases in the payroll tax. >> all right. we will leave it there. great conversation, guys. appreciate your time tonight. see you soon. greg ip and jerry webman. >>> up next on "on the money," what today's students learn on the economy and what we can teach yourself for the future. the president of harvard university is with me. >>> and buzz with millions, how to build a news company in a new age. age. how it may just save journalism. >>> welcome back. as college education's high cost continues to rise, some families are forced to opt out for financial reasons. how does that impact businesses on campus. joining me now is drew faust, harvard president. >> great to be here. >> we had news this week from m moody's. the demand for four-year college degrees is going down, it is softening. it is softening. leading to declines in net revenue for many universities. now, i realize harvard really is in
yeah, the payroll tax really matters but, in fact, if you look at how much the average homeowner who has been able to refinance and that's more and more of them, have saved, it dwarfs what the increases in the payroll tax. >> all right. we will leave it there. great conversation, guys. appreciate your time tonight. see you soon. greg ip and jerry webman. >>> up next on "on the money," what today's students learn on the economy and what we can teach yourself for the...
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Jan 14, 2013
01/13
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CSPAN2
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eye 150
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and then you have conservatives arguing since we have the highest corporate tax rate in the world and the rationale for why that works. live from an economic standpoint that produces more prosperity. what works under ronald reagan, how jack kennedy did it and have it worked. but you don't hear the same argument coming from this administration. they also can't come forward and have an honest discussion about what their objectives are. the increasing prosperity by unleashing the private sector overbearing, not reasonable but overbearing government regulations. we believe there is an unlimited ability for prosperity. the left believes it is a fixed amount. and everybody gets a slice of it. but you don't hear of a left articulating a response to that discussion because what obama wants to do is force the redistribution. and if honest about that, honest about his goals of not equalizing everyone but bringing them down and that is what happens when you try to equalize and come if he were to be honest about that and give a philosophical defense the american people would reject it resoundingl
and then you have conservatives arguing since we have the highest corporate tax rate in the world and the rationale for why that works. live from an economic standpoint that produces more prosperity. what works under ronald reagan, how jack kennedy did it and have it worked. but you don't hear the same argument coming from this administration. they also can't come forward and have an honest discussion about what their objectives are. the increasing prosperity by unleashing the private sector...
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Jan 13, 2013
01/13
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KNTV
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yeah, the payroll tax really matters but, in fact, if you look at how much the average homeowner who has been able to refinance and that's more and more of them, have saved, it dwarfs what the increases in the payroll tax. >> all right. we will leave it there. great conversation, guys. appreciate your time tonight. see you soon. greg ip and jerry webman. >>> up next on "on the money," what today's students learn on the economy and what we can teach yourself for the future. the president of harvard university is with me. >>> and buzz with millions, how to build a news company in a new age. age. how it may just save journalism. lucky charms?! ♪ yer always after me lucky charms! whoa. i forgot how good these taste! [ lucky ] ♪ they're magically delicious now all general mills big g kid cereals have more whole grain than any other ingdient in cereals like lucky charms and cinnamon toast crunch, the delicious way to help them grow up strong. >>> welcome back. as college education's high cost continues to rise, some families are forced to opt out for financial reasons. how does that im
yeah, the payroll tax really matters but, in fact, if you look at how much the average homeowner who has been able to refinance and that's more and more of them, have saved, it dwarfs what the increases in the payroll tax. >> all right. we will leave it there. great conversation, guys. appreciate your time tonight. see you soon. greg ip and jerry webman. >>> up next on "on the money," what today's students learn on the economy and what we can teach yourself for the...
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Jan 17, 2013
01/13
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eye 67
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of us like the tax code. when you talk about the ability to broaden the base, lower the rate and raise revenue, that is a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things when you talk about the specifics and the fact we need to deal with the mortgage deduction for state and local taxation then capping the discretionary you don't have to talk about a single specific policy. taxing the 1% is easy even if you are the 1% its current take more of that to fix the problem. now it's the hardest part so it's how we are going to unravel the next steps. clearly the next piece is going to have to focus on entitlement reform that's the biggest tax. we have to reaction moments coming up next months, the sequester that the extended for two months and it has broad base across-the-board spending cuts which is a wrong way to do policy. we are dealing with a tough recovery we want to phase in all these gradually and pick and choose and policy makers to pic
of us like the tax code. when you talk about the ability to broaden the base, lower the rate and raise revenue, that is a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things when you talk about the specifics and the fact we need to deal with the mortgage deduction for state and local taxation then capping the discretionary you don't have to talk about a single specific policy. taxing the 1% is easy even if you are the 1% its...
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Jan 14, 2013
01/13
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CNBC
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yeah, the payroll tax really matters. but, in fact, if you look at how much the average homeowner who has been able to refinance, and that's more and more of them, have saved, it dwarfs what the increase is in the payroll tax. >> all right. we will leave it there. great conversation, guys. we appreciate your time tonight. see you soon. >>> greg ip, jerry webman. up next "on the money," what today's students think of tomorrow's economy and how we can teach ourselves into the future. the president of harvard university is with me. >>> and then is buzz worth billions? how to build a news company in a digital age. why sharing angry cat pictures may just save journalism. >>> welcome back. as college education's high cost continues to rise, some families are forced to opt out for financial reasons. how does that impact business on campus? joining me right now is drew faust, the first female president of harvard university. president faust, good to have you on the program. >> thank you. great to be here. >> so we had news this w
yeah, the payroll tax really matters. but, in fact, if you look at how much the average homeowner who has been able to refinance, and that's more and more of them, have saved, it dwarfs what the increase is in the payroll tax. >> all right. we will leave it there. great conversation, guys. we appreciate your time tonight. see you soon. >>> greg ip, jerry webman. up next "on the money," what today's students think of tomorrow's economy and how we can teach ourselves into...
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Jan 16, 2013
01/13
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CURRENT
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as a former governor, you're also losing tax revenue depending on your state's structure for drilling. if it's federal land, the government wants that little revenue stream from gas. >> jennifer: i'm just so curious, i've actually been dying to talk to you. you are the guy who follows this stuff closer than almost anybody, and you have such an objective hat on. everybody has talked about the problems with natural gas fracking, and the potential of co2. the question bottom line, can we do this safely and lead in producing natural gas as a way of exporting it to other countries, to china, for example, to help them lower their co2 footprint to address climb change? >> i wrote several pieces about china has a huge amount of gas in the ground there shale gas as well. a lot of experts i've talked to they say the best thing to do is advance our technology to extract the gas here, to the lng liquified exports to balance our trade across the pacific but you do need oversight. this is not going to work out right withouted a adequate oversight. there was a period where it was a wild west era. pe
as a former governor, you're also losing tax revenue depending on your state's structure for drilling. if it's federal land, the government wants that little revenue stream from gas. >> jennifer: i'm just so curious, i've actually been dying to talk to you. you are the guy who follows this stuff closer than almost anybody, and you have such an objective hat on. everybody has talked about the problems with natural gas fracking, and the potential of co2. the question bottom line, can we do...
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Jan 15, 2013
01/13
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CSPAN2
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tax bill. and, because there's so much of the lessons is, so much to complain about. the business roundtable has been out there leading the charge in single, this is crazy. our corporate tax rate is now the highest in the world. putting us in a pretty bad position. so, you know, again, i almost never say this, but this does come down to leadership, and this does come down to three people. the president, somebody innocent, and somebody in the house. been willing to put aside all the special interests, lock the lobbyists out of the room, and come up with a tax bill. people know what should be in it, right? we know that there's a lot of justice done -- a lot of injustice done in the tax bill. but it does take that kind of moment to happen. it did happen once before in our lifetimes, and maybe it will happen again. and hoping maybe even this year or next year spend your optimistic? >> i actually am, only because in what happened in the discussion about the deficit is that it opened up a discussion
tax bill. and, because there's so much of the lessons is, so much to complain about. the business roundtable has been out there leading the charge in single, this is crazy. our corporate tax rate is now the highest in the world. putting us in a pretty bad position. so, you know, again, i almost never say this, but this does come down to leadership, and this does come down to three people. the president, somebody innocent, and somebody in the house. been willing to put aside all the special...
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Jan 15, 2013
01/13
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FBC
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backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other] stuart: that is my take. big money at the story everybody is talking about today, lance armstrong comes clean on informant -- performance enhancing drugs and made millions in prize money and endorsements, raise a lot of money for his cancer charity. we are a forgiving country. we really are. here is the question. will the nation give him a second chance or is he totally finished? we will ask that question. we have a pr executive on whether it lands can have his image and i have my take on mr. armstrong around 10:28 this morning on this pro
backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other]...
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Jan 15, 2013
01/13
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CSPAN2
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these are american tax dollars being spent its best to spend those tax dollars helping americans in need. here's an example. we can spend $531 million on some become six and 52 million on kenya, 625 million on nigeria or perhaps as much as 2 billion in new castle county and other damaged areas in delaware. we did spend 180 million on indonesia, 142 million in the philippines, 107 million in vietnam, 85 million in the republic of georgia or shift those sums to atlantic city and other places in new jersey. i hope to get the drift. we have people hurt in the united states of america but we also have a future that we have to look at cost. each time we spend money, we do not have, i would submit to the members of the committee that furthers the rest of the insolvency in bankruptcy and if that were to happen, it would debilitate the country so i request your consideration to the amendments i have before you. >> thank you mr. chairman for your work tonight and at the time in reviewing these amendments. i offer today an amendment 73 to the rogers substitute regarding watershed protection funding
these are american tax dollars being spent its best to spend those tax dollars helping americans in need. here's an example. we can spend $531 million on some become six and 52 million on kenya, 625 million on nigeria or perhaps as much as 2 billion in new castle county and other damaged areas in delaware. we did spend 180 million on indonesia, 142 million in the philippines, 107 million in vietnam, 85 million in the republic of georgia or shift those sums to atlantic city and other places in...
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Jan 17, 2013
01/13
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CSPAN2
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and some say back taxes. and that they will learn english. many of them already have, and many of them are already paying taxes but not getting any credit for it. we can't run our economy without them. send those 11 million people home if you could ever find them, and it would be ugly. and so i suggest we're not going to round 'em up and deport them, nor should we. we have this debate, so let's not forget one fundamental issue, and that is who we are or what this nation was built upon. the dreams and the hard work of those who came here seeking a better life. the bottom line on immigration is that the status quo on immigration in our country is a fundamental loser. i'm optimistic that this time we have an excellent shot at getting immigration reform done. it is essential to our economy, our country and our way of life. now, we're very proud to be working with the partners on this stage, and we will work with others as well, and we will make passage of immigration reform legislation one of our top priorities t
and some say back taxes. and that they will learn english. many of them already have, and many of them are already paying taxes but not getting any credit for it. we can't run our economy without them. send those 11 million people home if you could ever find them, and it would be ugly. and so i suggest we're not going to round 'em up and deport them, nor should we. we have this debate, so let's not forget one fundamental issue, and that is who we are or what this nation was built upon. the...
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Jan 18, 2013
01/13
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other things you might want to consider as part of this is expanding the multiple sales tax in ways along the southwest border stay with firearms so we can also have hopeful sales on assault weapons and other concerning long guns. the second policy recommendation is you really need to enact an effective firearms to version our trafficking statute. the two most commonly used, even though there is close to 40 different statutes available to atf and making gun trafficking cases come in the two most common statutes used or engaged in the business of selling firearms without a license or falsifying the atf form 4473. both are very difficult to prove. for example in the kern report, he would have been those investigations were atf agents what if some are investigating teaching and dealing that advice and violation, only viewable to church and 38% the cases. also find the 4473 farm, only boat to charge that important% of the cases because they were very difficult prove in the instance that engage in the business of the firearms license, you could stand to sell it if a private rocket for my colle
other things you might want to consider as part of this is expanding the multiple sales tax in ways along the southwest border stay with firearms so we can also have hopeful sales on assault weapons and other concerning long guns. the second policy recommendation is you really need to enact an effective firearms to version our trafficking statute. the two most commonly used, even though there is close to 40 different statutes available to atf and making gun trafficking cases come in the two...
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Jan 14, 2013
01/13
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FOXNEWSW
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perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea tantaros. it's 5:00 in new york city. this is "the five." ♪ ♪ >> dana: earlier today, president obama held the final press conference of his first term in the east room of the white house. the main attraction, our old friend the debt ceiling. they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires disci
perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea...
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Jan 15, 2013
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. >> dana: can you write it off your taxes? >> kimberly: if you claim them as a depep dent. dent -- dependent. >> eric: i looked a at this and checked it out. >> kimberly: for research. >> eric: guy gives money toward the tuition. what does the girl do? >> dana: that was the seriously missing from the article. >> bob: what does the girl do? >> eric: i know what the girl does on the street but what does she do on the website? >> bob: keep it classy. probably sweeps the rooms out and does the dishes. >> eric: leave it there. directly ahead, glamour, glitz, controversy in tinsel township. yotown. stars gathered for the golden globes. we have our best moments. >> dana: next on "the five." ♪ ♪ back to new york and my colleagues with "the five." >> i really haven't been followen the controversy over "zero dark thirty" but when it comes to torture i trust a man who spent three years married to james cameron. >> kimberly: all right. well that was co-host amy having fun at james cameron's expense last night. "argo" and "girls" and "homeland" were the big winner bus the three-hour
. >> dana: can you write it off your taxes? >> kimberly: if you claim them as a depep dent. dent -- dependent. >> eric: i looked a at this and checked it out. >> kimberly: for research. >> eric: guy gives money toward the tuition. what does the girl do? >> dana: that was the seriously missing from the article. >> bob: what does the girl do? >> eric: i know what the girl does on the street but what does she do on the website? >> bob: keep it...
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Jan 16, 2013
01/13
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FBC
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the government hiked taxes at the end of the year. what did people do? they sold stock in december. they rolled forward bonus income. about 100 billion of income was taken in december. that money is being reinvested of the a lot of that money has been going into the market. we've seen 22 billion go into u.s. equity mutual fund and etfs. the most in a while. there is even a positive influence to u.s. equity mutual funds, if it lasts through the month, that would be the first inflow since february of 11. liz: that is good. >> yes, there are some positive things. extra money going into the economy has helped. people feel good about it but there is a problem lying in the weeds or woods, whatever, and that is if the income was taken last year, that means income this quarter is going to be down year-over-year you even get to the higher tax rates that are kicking in now. so we're going to have a problem in terms of comparisons both year-over-year and sequentially going forward here. income growth, take-home pay for people, unless there is a phenomenal pickup somewhere in the economy and ce
the government hiked taxes at the end of the year. what did people do? they sold stock in december. they rolled forward bonus income. about 100 billion of income was taken in december. that money is being reinvested of the a lot of that money has been going into the market. we've seen 22 billion go into u.s. equity mutual fund and etfs. the most in a while. there is even a positive influence to u.s. equity mutual funds, if it lasts through the month, that would be the first inflow since...
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Jan 15, 2013
01/13
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CSPAN2
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represents the values and priorities of the public and the decisions being made about what to spend and tax and someone, they are very difficult and contentious decisions that take time to address. >> , those issues, of course, are not the specific purview and why don't we shift gears and talk more explicitly about some of the things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that that is in keeping interest rates close to zero, since it has dug pretty deep into an unconventional policy. asset purchases are meant to help in the short term. can you explain that? >> well, monetary policy involved the overnight interest rate up and down and hoping that the rest of the interest rates would move in sympathy. then we get a situation in 2008 where we had dropped the short-term rate down about as far as it could go come almost entirely to zero. so the question is what work did the fed do. there are many people a decade ago event a lot of articles about how the fed would be out of ammunition if they got down to zero. a lot of work by academics a
represents the values and priorities of the public and the decisions being made about what to spend and tax and someone, they are very difficult and contentious decisions that take time to address. >> , those issues, of course, are not the specific purview and why don't we shift gears and talk more explicitly about some of the things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that that is in keeping interest rates close to zero, since...
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Jan 21, 2013
01/13
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CSPAN2
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but for one of the more kind of common war propaganda tax was to inflate the numbers of your enemy and deflate your own. >> i had a question kind of along the same lines as an organized effort in propaganda leading up to the world. it occurs to me that it shall occasions he read about certain individuals meeting at print shops, the adams coach at on your blog, this morning, john. so i wonder how prevalent was organized efforts to propagandize the newspapers. then the other side of that, who is financing some of these things? newspapers are pretty obvious, printers are making money but then when things like broadsided monsters but who was funding, was it a super pac from the patriot side that is financing certain broadside, who's paying the piper in that? >> okay, i'll start with the question of meeting at newspaper offices. this was -- gary mentioned i quoted a little bit of john adams in 1769, in his diary where he spends the evening at the office of the prints up with a grading the boston gazette. samuel adams was there and a man named william davis and possibly james soda. and they
but for one of the more kind of common war propaganda tax was to inflate the numbers of your enemy and deflate your own. >> i had a question kind of along the same lines as an organized effort in propaganda leading up to the world. it occurs to me that it shall occasions he read about certain individuals meeting at print shops, the adams coach at on your blog, this morning, john. so i wonder how prevalent was organized efforts to propagandize the newspapers. then the other side of that,...
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Jan 19, 2013
01/13
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CSPAN2
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no doubt that the main concern, for instance, in my city in northeast mexico is a border state with taxes. too often, cities have borders with the rio, texas that we also have my city on the southeast part of the state and it's a strategic location. my city the city of 670,000 people. it's a big city. the metropolitan area sharing the space which has two cities, our neighbors in another city, which is my city. there is no doubt that the main concern of the people in the border areas on the mexican side is the demand for safety and the demand for security. this demand is being heard louder and louder than the demands for employment and secret services, which is what we mayors do. when i was listening of course for job creation, economic development. but i mexico, it's becoming also one of the major necessities, which was than in the past, but is now. the fact that a strategic security knowledge and something, which in the past, we never had to do it, which we security issues, which would strategy, which was this alliance that needs to be built at the federal government, drug enforcement ag
no doubt that the main concern, for instance, in my city in northeast mexico is a border state with taxes. too often, cities have borders with the rio, texas that we also have my city on the southeast part of the state and it's a strategic location. my city the city of 670,000 people. it's a big city. the metropolitan area sharing the space which has two cities, our neighbors in another city, which is my city. there is no doubt that the main concern of the people in the border areas on the...
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Jan 19, 2013
01/13
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FBC
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>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money is invested? >> now with about the initiative another large tax increase in history now by $50 billion. but they are lying. revenue projections will not come true. the balanced budget looks good in jittery but then the revenues come of you say it is a shortfall. it could be a billion or $30 billion. we will see that happen again. john: chuck devore you moved to texas? >> the states are so similar. population, the second and third states with land mass mass, more similar than different, both last with natural resources and a coastline with ports. similar on the surface why
>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this...
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Jan 13, 2013
01/13
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other islamist terrorist, they can't be the west by blowing us up but they will have two use use the taxes that the soviets use against us in 1930s and 40s. in fact as you go on the msha and i would challenge you that, google with the left said about challenges to the infiltration of islamic terrorism into america. what what you find his is ridiculed. you will recall when several members of congress raised the issue of hillary clinton's top aides mullah of the dean having islamic connections and that in fact told me that you cannot even get the question of infiltration by islamic7 terrorism into american institutions passed and we are basically saying yes in the time of alger hiss. comments? >> anti-communism was considered rude, prudish, disrespect double and facts members of the rotary for example would raise that point. national view -- -- national review was anti-communist. >> there were differences i would say and one is that the case was made during the 1930s and 1940s certainly that communism was good for america and we have this wonderful ally in uncle joe stalin. you can't make t
other islamist terrorist, they can't be the west by blowing us up but they will have two use use the taxes that the soviets use against us in 1930s and 40s. in fact as you go on the msha and i would challenge you that, google with the left said about challenges to the infiltration of islamic terrorism into america. what what you find his is ridiculed. you will recall when several members of congress raised the issue of hillary clinton's top aides mullah of the dean having islamic connections...
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Jan 13, 2013
01/13
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congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need for the joint strike fighter. there are tough decisions that have to be made. leadership in the military was difficult. there are things that are made now that will now be made in the future. that is what it takes to get our defense budget under control. in the question of closing loopholes, the president's budget has a number of specifics. we also have provisions that would take away the tax benefits to come to companies that export jobs. we think it is important to have our policy and tax code designed do reflect what we need to do in our economy. for the future, we need to develop new and renewabl
congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need...
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Jan 19, 2013
01/13
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WETA
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we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it somewhat of a moot issue. this is mostly for show right now. it is a diversion -- i'm all for gun-control -- but it will not happen. it is a diversion from what we need to do, which is dealing with issues like debt, the climate, which polish and do not want to deal with. it is a side show. >> i do not think it is a side show when you have massacres like we have had in the last year. not just newtown. justice scalia's opinion actually said that the government is free to regulate the kinds of weapons that people carry. it says that. >> if y
we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it...
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Jan 19, 2013
01/13
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the real worry is the moment forget last, which is why when you tax or the supreme court can't think of a religiously doable and what you need to get done. those three don't all line up and you can't lose this moment in time because you eventually get supreme court you're going to get this too. the most important things you need from law enforcement community is about unchecked, limitation on the assault clips. so that to me, plus i would also do a soul fans. he focused on not because he's the three through to the supreme court, not just congress. i will say the cops program passed under bill clinton, which put 100,000 community policing is a program scaled back. steve having designed the program, close to three years and how they keep that on the program. [inaudible] >> every city except chicago. >> to add to that, how do you keep the national dialogue going? how is it not just become a kind of street fight in the house of representatives and the nra? >> i'm not sure you're going to avoid a fight. when you see this coming to talk about where you grew up. there is a difference betwee
the real worry is the moment forget last, which is why when you tax or the supreme court can't think of a religiously doable and what you need to get done. those three don't all line up and you can't lose this moment in time because you eventually get supreme court you're going to get this too. the most important things you need from law enforcement community is about unchecked, limitation on the assault clips. so that to me, plus i would also do a soul fans. he focused on not because he's the...
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Jan 15, 2013
01/13
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CURRENT
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tax revenues go up when you increase tax rates. that's mcconnell math. we can't have that kind of balanced approach here in washington. it can't be done because republicans won't go for tax increases. they did have to go with $600 billion here and any conservative watching this show, obama got all those tax increases. well it's worth remembering that before that $600 billion, he agreed in $1.5 trillion in spending cuts while he has been president. $917 billion in the previous debt limit deal and another $500 billion in other circumstances. so there still has been in our circumstance here in washington in the obama time a lot more cutting than revenue raising. >> john: alex, let in go over to you. why can't we get a deal done on the deficit? is it that republicans refuse to raise taxes or is there more to it. >> you look at every fight whether its fight over the debt ceiling, fight over guns, immigration, and you're going to see brutal fights. why? this is one of the most polarized congresses we've had in years. you have democrats and republicans who make
tax revenues go up when you increase tax rates. that's mcconnell math. we can't have that kind of balanced approach here in washington. it can't be done because republicans won't go for tax increases. they did have to go with $600 billion here and any conservative watching this show, obama got all those tax increases. well it's worth remembering that before that $600 billion, he agreed in $1.5 trillion in spending cuts while he has been president. $917 billion in the previous debt limit deal...
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Jan 20, 2013
01/13
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WJLA
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obama demands the wealthy pay theheir faishare of taxes but he is just another elitist hypocrite when it comes to a fair share of secucurity. protection for their kids and gun-free zones for hours. ours. >> jay carney said that the nra ad was r repugnant and cowardly. the nra says that the ad was not in anyone's children in particular. anyone the claims otherwise they say is intention to try to kid ththe topic and is missing the int. incidentally, once the president talked about gun violce, sales went through the roof. can ththe president moving now to this time around? >> there is more desire for control than ever bui do not think congress will budge on the big stuff. it is not going to get done. what the nra did was odiou i think the president is on the high ground, but i do not think he will get done real gun- control. >> these 23 executive action re fairly trivial, there was nothing major about it. i think it will not have any effect, it was the appearance of motion. the three big items on the table for congress, the assault weapons ban, the limit on the size of the magazine clip,
obama demands the wealthy pay theheir faishare of taxes but he is just another elitist hypocrite when it comes to a fair share of secucurity. protection for their kids and gun-free zones for hours. ours. >> jay carney said that the nra ad was r repugnant and cowardly. the nra says that the ad was not in anyone's children in particular. anyone the claims otherwise they say is intention to try to kid ththe topic and is missing the int. incidentally, once the president talked about gun...
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Jan 13, 2013
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the weapons you're talking about that require the tax stamp and special permit, those are fully automatic weapons. there are very few of those. in order to get them, you have to go through a number of troops to get it. the difference is, one semi- automatic. the other is fully automatic. >> the semiautomatics is not an assault rifle. >> the assault weapons that are banned in california, there is a definition of those. it is a rival that can take out detachable magazine and has one of the following characteristics. it is defined in law. it is i semi-automatic. the other weapons you're talking about are fully automatic and does fall under the firearms act. >> could we please have john ?avijoan davis >> : like to think mike thompson for having this hearing. i am the president of eagle forum. eagle forum has always stood for protection of property rights as well as protection of personhood. i would like to remind you how important it is to learn from history. my husband was born in germany during the second world war. his father was from switzerland. i would like to let you know the differenc
the weapons you're talking about that require the tax stamp and special permit, those are fully automatic weapons. there are very few of those. in order to get them, you have to go through a number of troops to get it. the difference is, one semi- automatic. the other is fully automatic. >> the semiautomatics is not an assault rifle. >> the assault weapons that are banned in california, there is a definition of those. it is a rival that can take out detachable magazine and has one...
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Jan 14, 2013
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tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second highest level in history and the highest in 11 years. emerging-market equity funds saw the biggest inflow reheat to cover teeseven and a half billion. ceo of edelman financial services joins me now. when regular investors finally get interested in equity says it mean it is almost over? >> ordinarily i would agree it to my yes, it does, but not this time. you know why? it has been five years since ordinary consumers have had any confidence at all in the u.s. stock market. finally, after watching the stock market r
tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second...
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Jan 14, 2013
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well, what makes it different is we have no deficit due to years of budget cuts and due to the new tax revenues we're realizing from voters' approval of proposition 30 in november and essentially as he said, this is a breakthrough. it's not without risks. he was careful to caution. it's only january. this is only the start of the budget process. we all mull it over see how the numbers develop. he puts out his may revision then the legislature starts fight over it and hopefully we have a document enacted by the end of june. we're only at the very beginning. there are a lot of risks along the way. there's a federal deficit that needs to be contended with that can have a lot of impact on the way the state gets and spends its money. the economic recovery is still sort of slow and struggling upward and any reversal on that could spell a change in our state revenues. the federal government or the courts could have a problem with some of the proposed budget cuts that we have made or want to make. it's happened a lot over the last few years. and increasing health care costs. you know, are alwa
well, what makes it different is we have no deficit due to years of budget cuts and due to the new tax revenues we're realizing from voters' approval of proposition 30 in november and essentially as he said, this is a breakthrough. it's not without risks. he was careful to caution. it's only january. this is only the start of the budget process. we all mull it over see how the numbers develop. he puts out his may revision then the legislature starts fight over it and hopefully we have a...
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Jan 20, 2013
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obama demands of will to pay their fair share of taxes but he is just another elitist hypocrite when it comes to his fair share of security. protection for his ks angun- free zones for hours. -- for ours. >> at the white house, and jay carney called the ad cover the. the nra says that the ad is not aimed at anyone's child in particular. anyone who says otherwise is changing the topic and missing the point. sales have gone through the roof. can the president moving mountain this time around? >> no, and it is trupublic inion has changed, there is more desire for gun control than ever but i do not think congress will budge on the big stuff. what the nra did was odious. i think the president is on the high ground, but he will not get real gun-control done. >> the 23 executive actions were fairly trivial, nothing major about it. i think it will not have any effect. it was the appearance of motion. the three big items on the table for the cgress, assault weapons b, limit othe size of the magazine clip, and universal background checks -- the last one has very strong public opinion behind it
obama demands of will to pay their fair share of taxes but he is just another elitist hypocrite when it comes to his fair share of security. protection for his ks angun- free zones for hours. -- for ours. >> at the white house, and jay carney called the ad cover the. the nra says that the ad is not aimed at anyone's child in particular. anyone who says otherwise is changing the topic and missing the point. sales have gone through the roof. can the president moving mountain this time...